ECONOMY


Azerbaijan, France sign MoU on inter-regional cooperation

Baku, December 19, AZERTAC

Azerbaijan and France have signed a Memorandum of Understanding on inter-regional cooperation.

The document was signed by Azerbaijan's Minister of Economy Shahin Mustafayev and Secretary General of the National Commission on Decentralization and Interregional Cooperation of France Bertrand Fort.

The agreement lays a legal framework for deepening and diversifying cooperation between regions of the two countries.

Under the MoU, Azerbaijan and France will set up a joint management committee that will work to develop interregional cooperation and collaboration in the field of decentralization.

The committee will be co-chaired by representatives of Azerbaijan's Ministry of Economy and the French Ministry of Foreign Affairs and International Development.

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